Money Matters - Simplified

dollar down

Gold, oil and dollar slide Friday

New York -- Gold and oil prices fell in New York with the dollar down slightly Friday.

The dollar index fell 0.12 percent from 78.65 to 78.53.

Gold and oil prices also lost some ground. In late afternoon trading, gold prices on the Comex division of the New York Mercantile Exchange shed $1.40 to $1,351.60. Crude oil prices for January delivery lost 34 cents to $81.61 per barrel.

The dollar was mostly lower with some gains. The U.S. standard rose against the Australian dollar, the South Korean won, the British pound and the Russian ruble. It also rose against the South African rand. It fell against currencies from India, Taiwan, Sweden, Switzerland and Denmark.